ARTICLES TAGGED WITH "Norway"

Why the Nordic Investment Boom Continues

Nordic — Professor Thomas Beyerle, Head of Group Research at Catella, tells Nordic Property News about the latest investment trends in the Nordics and explains why there is a shifting from the commercial to the residential sector and what can become an obstacle for investors in the future.

The Nordic Country That Attracts Least International Investors

Nordic — Mikael Söderlundh, Head of Research and Partner at Pangea, speaks of a vast international interest – but that one market is falling behind. Here are the reasons.

“That Year was a Sad Story”

Nordic — 2018 was another great year for Bonava. Three stabile markets in the Nordic Region and now they are bouncing back in Finland after an earlier EBIT struggle.

Skanska Invests About €38 M in Residential Development Property in Oslo

Norway Norway — Skanska has bought the development property Sinsenveien 51-53 of Axer Eiendom AS. The net investment for residential purpose amounts to about SEK 360M, and will be recorded by Skanska Norway in the third quarter 2016.

Midgard Group Divests Downtown Property

Norway Norway — Midgard Group has purchased a lot lately. Now they are selling a central property in Bergen.

Entra Signed 25 Years Lease Contract in Oslo

Norway Norway — Entra and the University of Oslo has signed a lease for 20,000 sqm in the planned 21,000 sqm new-build at Tullinkvartalet in Oslo.

Technopolis Buys 30 Percent Stake in its Oslo Campus

Norway Norway — Technopolis has acquired the 30 percent stake in its Fornebu campus in Oslo from one of its minority shareholders, Koksa Eiendom AS (former IT Fornebu Properties AS), for approximately NOK 238 million (approximately EUR 25.5 million).

Aberdeen Purchases Retail Property on Mortensrud

Norway Norway — Aberden has on behalf of the Nordic property fund AP Nordic Investment purchased Mortensrud Square in Oslo. The seller is Mortensrud Eiendom AS and NG Eiendom Øst AS.

Entra in Billion Deal in Oslo

Norway Norway — Entra has signed an agreement to buy three high quality office properties at Skøyen in Oslo from Norwegian Property ASA for approximately €269 M (NOK 2.5 bn).

Invests €38 M on Gardermoen

Norway Norway — In February 2017 KLP Eiendom starts a comprehensive development of Quality Airport Hotel Gardermoen, together with Nordic Choice Hotels.

Urban Transformation Plan for Vestby in Oslo

Norway Norway — C.F. Møller-led team with JaJa architects and TØI (Institute of Transport Economics) has finalized a new urban centre masterplan for the Norwegian municipality of Vestby.

Three Major Lease Contracts Signed For Langkaia 1 in Oslo

Norway Norway — Entra has signed new leases for the property Langkaia 1 (Havnelageret) in Oslo.

Entra Signs Leasing Contrakt in Oslo

Norway Norway — Entra Signs Lease Contract With the Oslo Municipality Education Authority.

Entra Signs Leasing Contract in Oslo

Norway Norway — Entra Signs Lease Contract With the Oslo Municipality Education Authority.

DNB: Believe That Foreigners Will Turn Their Back on Norway

Norway Norway — “We believe that the international part of the Norwegian transaction market will be considerably lower in 2016 compared to 2015” says DNB Markets’ analysis, Simen Mortensen.

Purchases Properties for 200 Million Annually

Norway Norway — The state enterprise Siva invests approximately 200 million annually in commercial properties and today they have a portfolio of 600,000 sqm. The investment will contribute to the development of new industries and companies in need of constructing.

Skanska to Construct School in Norway For About €61 M

Norway Norway — Skanska has signed a contract with Sør-Trøndelag fylkeskommune to build the new Heimdal school in Trondheim, Norway. The contract is worth NOK 580M (about €61 M).

OBOS Acquires Two Percent of JM AB’s Shares

Norway Norway — OBOS announced today that they have purchased two percent of the shares in JM AB through the group head OBOS BBL. The acquisition is a long-term financial investment where OBOS with their industrial attitude towards ownership will contribute with further development for JM.

NREP Logicenters Closes First Acquisitions in Norway

Norway Norway — NREP Logicenters, the leading provider and developer of modern logistics properties in the Nordics, announced on Tuesday the acquisition of its first two properties in Norway.

Veidekke to Build Diagonale at Bjørvika

Norway Norway — Veidekke Entreprenør has signed a contract with A9 Palekaia AS (50 percent Thongård AS and 50 percent HAV Eiendom AS) to build the whole of the major Diagonale project next to the Opera House in the centre of Oslo, where TV2 will be the largest tenant. This is a turnkey contract valued at approx. € 84 M.

CBRE Global Investors Acquires Iconic Building in Oslo

Norway Norway — CBRE Global Investors has acquired the iconic office building Hieronymus Heyerdahlsgate 1 in Oslo, Norway on behalf of one of its Pan European funds.

Veidekke Wins Billion-Contract For Thon in Oslo

Norway Norway — Veidekke Entreprenør is to build a major project totalling 60,000 sqm in size at Storo in Oslo, which includes a hotel, a large cineplex, retail premises, 149 apartments and a day care centre. The contract for Thon Storo ANS is a turnkey contract valued at NOK 1 billion excluding VAT (€103 M).

Aberdeen Purchases Retail Property in Drammen

Norway Norway — Aberdeen has on behalf of the Norwegian real estate fund Aberdeen Eiendomsfond Norge I purchased a retail property located on Strømsø in Drammen.

Stor-Oslo Eiendom Recruits

Norway Norway — Stor-Oslo Eiendom recruits André Sommerfelt Bårdstu to manage acquisitions and analysis of new development projects as well as run the acquisition and divestment transactions.

Four Architect Firms Under One Roof

Norway Norway — Og Arkitekter acquires Arkitektkontoret Lund and partners to the team and wish to further strengthen their position. – We were three architect firms that have gathered under one roof, now we become four” says Og Arkitekter’s CEO Osmund Lie.